Jasper County Democrat, Volume 11, Number 59, Rensselaer, Jasper County, 26 December 1908 — JANUARY MELON IS A LARGE ONE [ARTICLE]

JANUARY MELON IS A LARGE ONE

Dividend and Interest Payment Sets New Mark. New York, Dec. 25—Dividend and interest disbursement for January, 1909, will exceed $210,000,000. Up to the present time the dividends declared upon the stock of the New York City banks and trust companies, the various railroads, industrial, miscellaneous and street railway corporations in the United States aggregate $75,218,000, which compares with $76,936,000 declared in January, 1908, and $71,347,000 in January, 1907. WThe interest payable upon the bonds of the railroads, industrial, miscellaneous and street railway corporations and upon the bonds of all the cities, counties, and states of the United States, and the government bonds totals $133,492,000, yrhich compares with $115,327,000 in January, 1908, and $110,948,000 in January, 1907. The large increase in the disbursement in January, 1909, over the same month of 1908 can be attributed to the large amount of securities issued during the past twelve months, which totaled about $800,000,000 bonds and $300,000,000 notes for the railroad and industrial companies.